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Untitled 2
To be published in the Gazette of India Extraordinary
Part Il Section 3, Sub Section (Il)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan, New Delhi
Notification No: 98/2015-2020
New Delhi, 3 1 December 2021
Subject: Extension of Last Date for Submitting applications for Scrip based FTP
Schemes
S.O.(E): In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade
Policy, 2015-20 , the Central Government hereby amends the para 3.13A of the FTP
2015-20 (as notified vide Notification no. 26 dated 16th September, 2021) with
immediate effect. The para 3.13A shall now read as below:
3.13A: Last Date of Submitting Applications for Scrip based Schemes
(a) In supersession of the existing laid down provisions in the Hand Book of
Procedures, 2015-20 with regard to last date for submitting online applications
for scrip based claims, the last date for submitting online applications stands
revised to 31 st January 2022 for the following schemes i.e.
i. for MEIS (for exports made in the period (s) 01.07.2018 to 31.03.2019,
01.04.2019 to 31.03.2020 and 01.04.2020 to 31.12.2020), ii. for SEIS (for
service exports rendered for FY 18-19 and FY 2019-20), iii. for 2 % additional
ad hoc incentive (under para 3.25 of the FTP — for exports made in the period
01.01.2020 to 31.03.2020 only) iv. for ROSCTL (for exports made from 07.03.2019
to 31.12.2020) and
v. for ROSL (for exports made upto 06.03.2019 for which claims have not yet been
disbursed under scrip mechanism).
After 31.01.2022, no further applications would be allowed to be submitted and
they would become time-barred. Late cut provisions shall also not be available
for submitting
claims at a later date.
(b) In supersession of the laid down provisions on applicable late cut as in
para 9.02 of the HBP, the new late cut for applications submitted upto
31.01.2022 as indicated above shall be:
Sl
NO. |
Scheme |
Period of Exports (Let Export Date in the period) / Services
rendered in the period |
Late Cut (as % age of
Entitlement under the Scheme ) |
| 1 |
EIS |
FY 2018-19 (01.07.2018 to
31.03.2019) |
|
| 2 |
EIS |
FY 2019-20 and FY 2020-21 (upto 31.12.2020) |
Nil |
| 3 |
SEIS |
FY 2018-19 |
Nil |
| 4 |
SEIS |
FY 2019-20 |
Nil |
| 5 |
OSCTL |
07.03.2019t0 31.12.2020 |
Nil |
| 6 |
OSL |
Upto 06.03.2019 |
Nil |
Effect of this Notification: The last date of submitting applications under
MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of
FTP) which was earlier notified to be 31.12.2021 has been extended till
31.01.2022.
Director General of Foreign Trade and Additional Secretary to the Government of
India
E-mail:[email protected]
[File no. 01/61/180/288/AM20/ PC-3 (Part 1) ]
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